Cisco to step up investments in I to focus on 5G, entrepreneurship
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Cisco to step up investments in I to focus on 5G, entrepreneurship

US-based tech giant Cisco Friday said it is stepping up investments in the Indian market as part of the second phase of its Country Digital Acceleration (CDA) programme that will focus on accelerating innovation and entrepreneurship, 5G use cases for citizen services as well as transportation modernisation. Speaking to PTI, Cisco CEO Chuck Robbins said India is among its few markets where the company has made a second round of investment as part of its CDA programme. India is an important market for us. While we are not disclosing the amount we would be investing, it is clear that we are betting on India as a key market. We are adding four more states to our existing initiatives towards areas like innovation, smart cities. We have also signed agreements with Niti Aayog and Bharat Sanchar Nigam Ltd (BSNL), he said. Cisco had committed an investment of USD 100 million in the first phase of CDA, where it has completed about 50 projects, including setting up 10 innovation labs, three .

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